Stantec Inc. (TSE:STN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Stantec Inc. (TSE:STN) (NYSE:STN) have earned a consensus rating of “Moderate Buy” from the ten ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$165.40.

A number of research analysts recently weighed in on STN shares. Stifel Nicolaus upped their price objective on Stantec from C$160.00 to C$175.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Scotiabank upped their price target on shares of Stantec from C$160.00 to C$161.00 in a research note on Friday, October 17th. National Bankshares raised their price objective on shares of Stantec from C$162.00 to C$164.00 and gave the company an “outperform” rating in a research note on Friday, August 15th. Royal Bank Of Canada boosted their price objective on shares of Stantec from C$153.00 to C$168.00 in a report on Monday, November 17th. Finally, CIBC increased their target price on shares of Stantec from C$168.00 to C$175.00 and gave the company an “outperform” rating in a report on Monday, October 20th.

Stantec Price Performance

Shares of STN opened at C$131.55 on Monday. Stantec has a twelve month low of C$107.23 and a twelve month high of C$160.05. The stock’s 50 day moving average is C$148.16 and its two-hundred day moving average is C$148.54. The firm has a market capitalization of C$15.01 billion, a PE ratio of 31.03, a P/E/G ratio of 1.46 and a beta of 0.80. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 85.29.

Stantec (TSE:STN) (NYSE:STN) last issued its earnings results on Thursday, November 13th. The company reported C$1.53 earnings per share (EPS) for the quarter. The business had revenue of C$2.14 billion during the quarter. Stantec had a return on equity of 12.08% and a net margin of 4.78%.

Stantec Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, October 15th were paid a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, September 29th. Stantec’s dividend payout ratio (DPR) is presently 20.87%.

Stantec Company Profile

Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources.